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ABOUT

Our Goals, Mission, Vision, and Projects

​Foreword

​Given the population gains of the last 20 years and the demographic projections of the next decade, it has become apparent that wealth and job creation for people of color are no longer a matter of consideration but one of national security. While many American ethnic minority-, women-, veteran-, and LGBT - (heretofore referenced as "minority") owned businesses have achieved impressive economic growth, most businesses owned by people of color have been non participants.


Historically, commerce has been viewed as an opportunity for all citizens to gain economic stability. Although the results of minority-owned businesses for the past twenty years has been positive, the metrics have fallen far short of the desired job growth for urban communities that currently experience more than 50% unemployment.


Additionally, examination of the past decade provides evidence that minority-owned businesses and non minority-owned businesses are on two separate tracks of action. Many non minority-owned businesses are driven by innovation and discovery, while most minority-owned businesses are focused on providing services and products that have already been discovered.

Our Goals

To stimulate American ethnic minority, women, veteran, and LGBT (heretofore referenced as "minority") students, business owners and entrepreneurs to become innovators and discoverers of technology-based, sustainable solutions.

To assist minority business owners, entrepreneurs and potential entrepreneurs to be globally competitive through the use of technology and knowledge transfer.


To provide direction and education to minority students, business owners and entrepreneurs regarding how to "commercialize" an innovation or discovery.


FOCUSS endeavors to establish partnerships with private and public sector organizations to meet its objectives, which includes Fortune 1000 companies; universities and historically Black colleges; federal, state, county and city governments; and regional economic development agencies.


Mission and Vision

The Mission of FOCUSS is to assist American ethnic minorities, women, veterans, and members of the LGBT community to discover sustainable solutions that will benefit society.

FOCUSS will assist existing American ethnic minority, women, veteran, and LGBT owned companies discover new product development opportunities for innovative solutions to bringing current products into more value-added markets.

Projects

Idea Competition


It is the intent of FOCUSS to leverage the intellectual property assets of private industry and the public sector for the development and growth of American ethnic minorities, women, veterans, and members of the LGBT community (start-ups, existing companies, etc.). The model has three distinct strategies.


Patent Donations: FOCUSS's targets for donated patents are late-stage, applied technologies that relate to the industry clusters within the defined economic development region.


Technology Transfer Program


It is the intent of FOCUSS to leverage the intellectual property assets of private industry and the public sector for the development and growth of American ethnic minorities, women, veterans, and members of the LGBT community (start-ups, existing companies, etc.). The model has three distinct strategies.


Patent Donations: FOCUSS's targets for donated patents are late-stage, applied technologies that relate to the industry clusters within the defined economic development region.


Out-licensing: FOCUSS will endeavor to develop a successful strategy methodology for working with corporations that may have platform, underutilized, or off-strategy technologies in need of commercialization assistance. FOCUSS will assess those technologies with the greatest potential for licensing, as well as provide targeted solutions for locating and securing license agreements with the appropriate firms.


In-licensing: FOCUSS will offer minority-owned companies seeking outside technologies a methodology for identifying potential targets, as well as a national network for locating joint venture, licensing, or purchase opportunities.